Essay on Cis 500 Complete Course Cis500 Complete Course

2.1 Evaluate the decision making models which are used to support decision making 2.2 Identify those to be involved in analysing information and decision making 2.3 Evaluate methods of presenting decisions made

The Business Analytics Department has compiled this report based on data supplied by DGHG. The purpose of this report is to use this data to answer several key questions set out by DGHG, along with providing information as to whether the company has been meeting its key performance indicators, as set out in the business plan. The questions this report will primarily address, are as follows:

2. What considerations should a corporate executive in industries such as banking, health care, or higher education investigate when deciding on implementing a data-mining program?

Choose TWO companies among Lincoln Electric, Southwest Airlines, and SAS and then compare (or contrast) the factors contributing to the success of these two companies.

Using your own organisation information to identify a specific area of data. Analyse the data and present your findings in a way that will assist an aspect of decision making in the area of data selected. Your analysis should be presented in a report covering:

Q8: Write a report that outlines the information you have gathered and any recommendations you would make as a result.

1. Perform an industry analysis of the smart-phone industry. Do you believe Apple was effective in neutralizing the threats and capitalizing on the opportunities posed by the forces in the smart-phone industry? If yes, explain how. If not, explain why not.

There are many ways of searching for relevant data sources such as the Internet, books, previous reports, etc. However, you must take in to account how long it will take to research these different sources, whether they are available and how accurate and unbiased they are.

The first stage is analytically impaired. This stage is the stage where the data is flawed or the systems are not integrated well. Though I was not there for this, I have heard what happened a few years ago, and still there are a few current instances, when Comcast decided to cut down on the number of databases and included them all in one area. This was not executed well, since employees were still using the older data sources to run their analyses with. This left their analyses to be incorrect because the data they were using from the data systems were incorrect.

d) A survey of Chief Operating Officers of the Fortune 500 corporations to learn their predictions about new jobs and loss of jobs in their corporations.

The management has to be vigilant when managing these factors for the future betterment of the company (Drucker, 2016).

Analyze the trends that you observed with each company. To what could you attribute the increases or decreases in each company’s trend(s)?

Describe each of the three levels of Analytics (Descriptive, Predictive, and Prescriptive). Give a brief example of how they might be used to solve business decisions.

Part 2. How Business Analytics can be used to gain advantage in a competitive marketplace

So in summary we are using many types of analytical and statistical methods to transform the raw data into a shape where we can get information from it, and get a conclusion. Based onthese informationand conclusions we will be able to make business decisions, which might affect the future success.